548 S 7th St, Reading, PA 19602

Reading
Local realty services provided by:Better Homes and Gardens Real Estate GSA Realty
548 S 7th St,Reading, PA 19602
$599,900
  • 5 Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: zylkia r rivera
Office: keller williams platinum realty - wyomissing
MLS#:PABK2077392
Source:BRIGHTMLS

Price summary

  • Price:$599,900

About this home

This property offers a solid foundation for generating rental income. It generates rental income from 4 apartments and 7 individually rented rooms. Three of the apartments are one-bedrooms and the other is a 2-bedroom. Projected annual revenue at 100% occupancy $78,060. The average condition of the property presents a canvas for value-add renovations, allowing savvy investors to enhance its appeal and increase rental rates. The unfinished basement provides additional potential for storage or future development, while the single off-street parking option provides added convenience for tenants. Located in a vibrant neighborhood, this property benefits from proximity to local amenities and transportation options, making it attractive to a wide range of potential tenants. Investors will appreciate the potential for cash flow, as the property can be rented out to multiple tenants, diversifying income streams. Don't miss out on the chance to capitalize on this promising investment in...

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with a BHGRE®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a BHGRE®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (CENTURY 21® , Coldwell Banker® , Corcoran® , ERA® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1920
  • Subdivision & Development:READING
  • Listing ID #:PABK2077392
  • Added:63 day(s) ago
  • Updated:November 04, 2026 at 03:49 PM

Rooms and interior

  • Bedrooms:5
  • Basement:Yes
  • Basement Description:Unfinished

Heating and cooling

  • Heating:Baseboard - Electric, Electric

Structure and exterior

  • Year built:1920
  • Lot area:0.07 Acres
  • Construction Materials:Stucco
  • Foundation Description:Stone

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$599,900
  • Tax amount:$2,096 (2026)

Parking

  • Parking description:Off Street, On Street

New listings near 548 S 7th St